Foreign Exchange Trader jobs in New York, NY

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.  We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

Corporate Foreign Exchange Marketer 

The Corporate Foreign Exchange Sales team at U.S. Bank assists corporate clients, as well as commercial real estate and private equity clients, in understanding and managing foreign exchange risks, such as: 

• Hedging of transactional and translational exposures, including cross-border m&a, project-related transactions and other capital structure-related FX needs. 

• International payments related to accounts receivable, payable, and other working capital / treasury management needs. 

Responsibilities include: 

• Building and maintaining mutually beneficial relationships at all levels of client organizations (from analyst to CFO), as well as with key partners & stakeholders within the Bank: 

  • Leading discussions of hedging or payments concepts and opportunities with clients and internal partners at all skill / familiarity levels. 

  • Coordinating with legal, portfolio & credit risk management teams to negotiate and agree upon documentation, pricing and credit terms 

  • Leveraging relationship managers, treasury management consultants and other internal partners to prospect and onboard new client opportunities and deepen existing client relationships. 

  • While on the desk, preparing for and handling trade execution (including pricing negotiation and XVA requirements; completing client onboarding processes; backing up colleagues as it relates to client servicing (acting as a team player);and participation in junior talent development/training 

  • Ensuring adherence to U.S. Bancorp internal and external regulatory rules, policies and procedures 

Basic Qualifications: 

• Bachelor's or master's degree in finance, accounting or other related field 

• Six or more years of Foreign Exchange experience 

• Flexibility to travel throughout United States 

Preferred Skills/Experience: 

• Strong corporate finance and accounting skills 

• Track record of originating and closing complex and sensitive FX transactions 

• Track record of prospecting and onboarding new client relationships 

• Well-developed verbal and written communication skills 

• Creativity and ingenuity in developing marketing materials 

• Well-developed analytical, decision-making and problem-solving skills 

• Exceptional product and market knowledge encompassing FX spot, forwards, swaps, options, emerging markets, international payments / treasury management products.

Location Expectations:

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits: 

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

• Healthcare (medical, dental, vision)

• Basic term and optional term life insurance

• Short-term and long-term disability

• Pregnancy disability and parental leave

• 401(k) and employer-funded retirement plan

• Paid vacation (from two to five weeks depending on salary grade and tenure)

• Up to 11 paid holiday opportunities

• Adoption assistance

• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

EEO is the Law

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.  

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.